Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Tesla Q2 2018 earnings thread

Revenue grew 43% to $4 billion
Adjusted net loss of $520.2 million or $3.06 per share
Operating cash flow remained in the negative territory at $129.6 billion
Total vehicle production rose 55% sequentially to 53,339 units in Q2, while shipments jumped 80% to 40,740 units
Expects to produce 50,000 to 55,000 Model 3 vehicles in Q3, by producing 6,000 Model 3 vehicles per week by late August, and also to increase production over the next few quarters beyond 6,000 per week.

For visualization/Infographic - Tesla Q2 2018 earnings | AlphaStreet
 

jkirkwood001

Active Member
Supporting Member
Feb 20, 2018
1,185
4,908
Ottawa, ON
On the earnings call now.

I find it so hilarious, in a mostly positive way, that Elon can't help but toss in gee-whiz tidbits during his earnings review like "oh, BTW, did you know you can drag the icon down in map view and the car will automatically start driving to your home or work depending where you are? Pretty cool."
 
Last edited:

jkirkwood001

Active Member
Supporting Member
Feb 20, 2018
1,185
4,908
Ottawa, ON
On the earnings call now.

I find it so hilarious, in a mostly positive way, that Elon can't help but toss in gee-whiz tidbits during his earnings review like "oh, BTW, did you know you can drag the icon down in map view and the car will automatically start driving to your home or work depending where you are. Pretty cool."

"Plop in the new computer [chip], all the same connectors, and you gain an order of magnitude in computing power. It's super kick-ass."

Oh Elon, not your father's CEO... :rolleyes:
 
Last edited:

jkirkwood001

Active Member
Supporting Member
Feb 20, 2018
1,185
4,908
Ottawa, ON
Way to go, Elon, for apologizing to both people he was rude to on the last earnings call. No coincidence they were given two of the first questions on this call. There was a lot of concern in the media about Elon's increasingly erratic, stress-induced behaviour. He's still being Elon, but he's not as needlessly combative on this call (so far!).
 

jkirkwood001

Active Member
Supporting Member
Feb 20, 2018
1,185
4,908
Ottawa, ON
Includes newly posted production figure of 53,339:

upload_2018-8-1_18-19-14.png
 

dbullard

Member
Jul 31, 2012
176
55
Way to go, Elon, for apologizing to both people he was rude to on the last earnings call. No coincidence they were given two of the first questions on this call. There was a lot of concern in the media about Elon's increasingly erratic, stress-induced behaviour. He's still being Elon, but he's not as needlessly combative on this call (so far!).
110+ hour work weeks will do that to you.
 

Tam

Well-Known Member
Nov 25, 2012
10,121
9,211
Visalia, CA
Elon doesn't think about a weaponized autonomous car but it's not hard to think of an application:

Timothy McVeigh could stay home and enter Alfred P. Murrah Federal Building in downtown Oklahoma City as a bombing destination.

The only problem with that is a Tesla car is more expensive than an ICE is so terrorists might need money from very rich countries such as Saudi Arabia.
 

SMAlset

Well-Known Member
Mar 4, 2017
9,287
10,154
SF Bay Area
Elon doesn't think about a weaponized autonomous car but it's not hard to think of an application:

Timothy McVeigh could stay home and enter Alfred P. Murrah Federal Building in downtown Oklahoma City as a bombing destination.

The only problem with that is a Tesla car is more expensive than an ICE is so terrorists might need money from very rich countries such as Saudi Arabia.

Since when have these guys not rented things. No need to have money and own anything.
 
  • Informative
Reactions: dhanson865

jeffro01

Active Member
Jan 30, 2013
2,701
3,163
Teller County CO
The only problem with that is a Tesla car is more expensive than an ICE is so terrorists might need money from very rich countries such as Saudi Arabia.

That hasn't seemed to be a problem to date so there's that... :)

To be clear before I get jumped, terrorism is awful and yes I did suggest that Saudi Arabia funds terrorism currently because well... They do...

Jeff
 
  • Like
Reactions: FlatSix911

neroden

Model S Owner and Frustrated Tesla Fan
Apr 25, 2011
14,676
63,885
Ithaca, NY, USA
Way to go, Elon, for apologizing to both people he was rude to on the last earnings call. No coincidence they were given two of the first questions on this call.
Oh, dear god, no. Did they ask dumb questions again?

There was a lot of concern in the media about Elon's increasingly erratic, stress-induced behaviour. He's still being Elon, but he's not as needlessly combative on this call (so far!).
Well, I hope it helps with PR, since it's not going to help us get information out of the earnings call. :-(
 

suwaneedad

Member
Dec 11, 2016
921
1,158
Atlanta
I just wish Musk would sharpen his language skills and stop interrupting and talking over his managers trying to answer questions. It is really annoying when you are trying to hear their answers. You gotta know they would love to throw something at him when he does it. He does it every conference call.
Go back and watch Steve Jobs' first intro of iPhone. He was terrible at presenting; got better with time. I'd rather Elon be great at other things than these conference calls. (I soothe myself with the Jobs iPhone rollout each time Elon fumbles his way through another product launch at Fremont.)
 

Products we're discussing on TMC...

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top